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Macy’s Inc. has announced it will open a Bloomingdale’s Outlet store at the Outlets at Orange in November. The planned 24,000-square-foot store will be the 17th Bloomingdale’s Outlet. Located near Disneyland, the Outlets at Orange is a destination shopping complex that currently houses Neiman Marcus Last Call, Saks Off Fifth, …

Seattle-based Nordstrom, Inc. announced plans to open a Nordstrom Rack at Poplar Commons in Memphis, Tenn. The approximately 33,000 square-foot store is scheduled to open in the fall of 2017 and will replace an existing Sears building. Nordstrom has been rapidly expanding its off-price business and actually has 194 Nordstrom …

Seattle–Nordstrom Inc. reported Thursday a smaller-than-expected comparable sales growth and a lowered forecast, sending its shares down 15% in after-market trading. For the three months ended Oct. 31, Nordstrom said net income fell to $81 million, or 42 cents per share, from $142 million, or 73 cents per share, a …

Nordstrom, Inc. today reported earnings per diluted share of $0.66 for the first quarter ended May 2, 2015, which were in-line with Company expectations, compared with $0.72 for the period last year. Net sales increased 9.8% and comparable sales increased 4.4%, compared with the same period last year. The full report …

To celebrate all the Inductees into Accessories Magazine’s 2015 Merchants Hall of Fame, we will spotlight one merchant a day leading up the FABB ball on May 6th, where Accessories Magazine’s Editor-in-Chief Lauren Parker will present the awards. To see the entire list of inductees over the years, click here. …

Staten Island—H&M will open a 26,000 sq. ft. store in the Empire Outlets mall on the Staten Island waterfront in fall 2016. The Swedish fast fashion retailer joins Nordstrom Rack as the only retail tenants announced publicly for the development so far. Empire Outlets, developed by BFC Partners, will be …

Seattle–As Nordstrom prepares to open its second Canadian store—this one in Ottawa—President Blake Nordstrom tells the Globe and Mail that he’s erred on the side of overstocking the Calgary store at the expense of margins. “We probably, because of our sensitivity, were a little guilty internally of maybe even having …

Seattle—Nordstrom’s net earnings were down 5% in the fourth quarter despite net sales rising 9% to $3.9 billion. The retailer said Thursday that the acquisition of Trunk Club hit its fourth quarter earnings before interest and taxes by $11 million. For the quarter ended January 31, Nordstrom reported net income …

New York—Accessories magazine is proud to announce the 5th round of inductees into its annual Merchants Hall of Fame. The recipients were selected by the vendor and retailing community for their exceptional retailing expertise and business/fashion acumen. Each received a full-page profile in Merchants Hall of Fame section in the …

Seattle—Nordstrom’s second quarter profit was flat on last year despite rises in sales, thanks to a series of company investments. These included investments in fulfillment and technology, as well as $5 million in costs related to the company’s imminent entry into Canada. Net income was 95 cents a share just …

Seattle—Wall Street rewarded Nordstrom Inc. for its mostly positive first quarter report, sending its shares up more than 11% in trading today. On Thursday afternoon, the retailer said its quarterly profit was down from last year, but still beat estimates helped by sales increases at Nordstrom Rack and online. Net …

Seattle—Nordstrom Inc. reported late Thursday afternoon that its fourth quarter fell 5.6% but still beat estimates. The better department store’s 2014 forecast, however, came in under expectations as its costs for entering Canada will weigh on results. For the quarter ended Feb. 1, Nordstrom posted net earnings of net earnings …

Seattle—The holidays will be a little brighter for some special children across the country as Nordstrom, New Balance, Shoes That Fit.org and Nordstrom customers who choose to participate come together to once again donate new shoes through the Nordstrom Holiday Giving Tree program Since 2010, Nordstrom has distributed 33,700 pairs …

Seattle—Nordstrom Inc. reported Thursday afternoon that its third quarter profit fell 6% due mostly to a shift of its annual Anniversary Sale event into second quarter. Nonetheless, the high-end retailer managed to beat forecasts. For the quarter ended Nov. 2, Nordstrom posted earnings of $137 million, or 69 cents a …

New York—New details emerged this week about the long anticipated flagship that Nordstrom plans to open here in 2018. For one thing, the Seattle-based retailer evidently plunked down $102.5 million to own the site of its flagship, which will serve as the anchor to what will be one of the …

Seattle—Shares of Nordstrom fell in early trading today after the retailer reported Thursday afternoon that it lowered its full year forecast despite a rise in second quarter profit. For the quarter ended August 3, Nordstrom posted an 18% increase in its net profit to $184 million, or 93 cents a …

Seattle—Shares of Nordstrom dropped Thursday after the retailer reported weaker-than-expected first quarter earnings due to cold weather that hurt sales early in the quarter. For the quarter ended May 4, the high-end retailer posted a 2.7% decline in profit to $145 million, or 73 cents a share, compared to $149 …

New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations for December comparable store sales. Of the 17 or so major retailers reporting today (excluding drugstores), total December comparable store sales rose 4.5%, topping analysts’ estimates for a 3.3% increase. Even better, the …

Seattle—It seemed inevitable: Nordstrom would expand into Canada, what with its relatively upbeat economy and 15,000 Nordstrom card holder already reside there. The company says it plans four new Canadian stores between 2014 and 2016 one apiece in Calgary, Vancouver, Ottawa and Toronto. A deal with real estate developer Cadillac …